USOIL 22-1-2024

Technical Analysis

By Shady Fouad On Jan 22, 2024

USOIL 22-1-2024.

Prices are currently trading on the short-term in a narrow sideways range between the crucial support and resistance zones at $74 and $70, respectively. If the price breaks above the $74 level, we may target the $76 zone.

Support	72	70	69.5
Resistance	74	74.50	75.5

Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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